Velan Inc. (OTCMKTS:VLNSF – Get Free Report)’s stock price rose 0.8% on Thursday . The company traded as high as $7.44 and last traded at $7.44. Approximately 100 shares changed hands during trading, a decline of 96% from the average daily volume of 2,836 shares. The stock had previously closed at $7.38.
Velan Price Performance
The stock’s fifty day simple moving average is $7.58 and its two-hundred day simple moving average is $5.53.
Velan Company Profile
Velan Inc designs, manufactures, and markets industrial valves worldwide. The company offers quarter-turn valves, such as ball, high performance three-piece ball, general purpose ball, metal-seated ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves; and gate, globe, and check valves, including pressure seal, bolted bonnet high pressure, cast steel, cast stainless steel corrosion resistant, small forged, bonnetless, and dual-plate check valves, as well as maintenance valves for nuclear service.
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